Statement date

[JT44]

Yeah, this is exactly the difference that I am having a difficult time understanding. I want to know the IDEAL situation with the following:

Utilitization %

When to pay to $0.

Statement date

I don't know if just having used the card, then paying off any balance the next day results in a reportable balance. Is whats reported only the amount on the card at the time the statement is cut?? What if I have a $400 balance on a $10,000 CL card for a week, then pay it off prior to the statement date? DOe sthis mean my utilization is reported as 4%???

PLEASE help clarify!!! I am sure this has been discussed before, so feel free to link to that thread!!

THANKS!